Feeling the pinch? See how we can help

The cost of living crisis is squeezing households across the country as energy bills, groceries and fuel soar in price.

At Wrekin, we have specialist Debt Advice and Money Matters teams who always work hard to provide practical tips and offer support to any tenant worried about their finances.

We know that it can be hard to take the first steps to talk about money or get advice, and we’re here to help. We want to make it easier for our tenants to ask for support, whether it’s for budgeting advice or full on debt management – our friendly Money Matters team are here for you. They offer a confidential, non-judgemental service to support all tenants.

Spring clean your finances

While it’s not advised to change your energy supplier at the moment, you can still save money on other household bills.
Changing insurance companies, internet and mobile phone packages regularly can really make a difference. It’s also worth reviewing any TV packages or streaming services you use. You can also change banks! Keep an eye out for special joining offers, like money back or vouchers.

Home contents insurance

We’ve partnered with Aon to provide affordable contents insurance. You can also add on accidental damage cover for bikes, mobility scooters and more. Prices start from less than £1 a week.
Call 01952 217234 or click here for more information.

Budgeting advice

Make a list - Work out all of your regular outgoings, including your rent, fuel and insurance costs, so you know how much you need to pay.

Set up separate accounts - If you’re able to save anything, move that extra cash to a different account. That way you can start to save an emergency fund, and it will be less tempting to dip into that pot of money.

Track your spending - By noting down everything you buy, you’ll be able to build up a picture of your outgoings.

Don't need it, sell it!

There’s nothing like having a good de-clutter, and you would be surprised what people will buy.

Online, eBay and Vinted are amongst the best apps to sell your items, but do charge you a percentage of what you make. Using Facebook Marketplace lets you sell for free – children’s toys and baby clothes are always popular.

If selling online isn’t for you, why not see if you have a local car boot sale? It can be a great place to sell books, DVDs and more.

Buying from these sites and places are also great if you’re after a bargain. Don’t forget that all Wrekin tenants also benefit from a 30% discount at our Wrekin Reviive stores in Shrewsbury, Oswestry and Ludlow. Wrekin Reviive sell great quality, pre-loved furniture and appliances at very low prices. Visit reviive.co.uk to see what they have on offer, or search for them on Facebook.

Did you know?

We can help with essential items if you’re on a low income. We can also help if you’re struggling to afford or replace white goods like fridges or washing machines.

Our Money Matters team can tap into grants and charities to help you get what you need – please speak to us before thinking about taking out a loan or any ‘buy now, pay later’ options.

Get something for nothing!

Giveaway sites are becoming more and more popular, as communities grow online. Check out your local Freecycle sites to see what others are getting rid of. Not only will your bank account thank you, so will the environment!

Local Facebook pages are also a great place to spot people keen to recycle goods rather than throw them away. Whether you’re on the lookout for some new plants for your veg patch or a missing volume in your magazine collection – you might just strike lucky!

Join your local credit union

These not-for-proﬁt community banks provide a safe home for your savings. Credit unions can also help you access low-cost, affordable loans. If you’re considering credit or a loan, please speak to them before making a decision. Telephone 01743 252 325, email info@justcreditunion.org
or visit justcreditunion.org

Money Matters - here to help

If you’d like further advice about any of the above, please get in touch with our Money Matters team. The team are also able to offer an assessment on your benefits and let you know about any extra support you may be entitled to. Call 01952 217234 or email: money.matters@wrekin.com